Owning physical precious metals inside of an IRA is one way you can help preserve and even grow your retirement wealth.
For thousands of years, gold and silver were trusted sources of currency. Now they’ve become a safe haven investment option for many. Owning physical precious metals inside of an IRA is one way you can help preserve and even grow your retirement wealth.
In this blog post, we’re going to focus on our Depository IRA option.
The process of opening an IRA can be quick and simple. First, you’ll determine what percentage of your savings you’d like to convert. Then, we’ll help turn that portion into a self-directed IRA that can legally hold precious metals tax- and penalty-free (IRS Code 408(M)(3)).
Your Depository IRA is administered by industry-leading custodians who oversee all of the asset purchases and liquidations. This takes away the worry for you while also offering you complete control over the investments in your account.
Once your metals are purchased, we make sure that they’re stored in a top-tier depository with state-of-the-art security. We use a variety of trusted and safe depositories all over the country.
Your metals will be protected and 100% insured by Lloyd’s of London for up to $1 billion. We’ll also make sure that there’s documentation that verifies your ownership of each piece of metal in your IRA.
One of the greatest benefits of a Depository IRA is that you can access your metals at your convenience from your preferred and protected facility.
If you’re looking to store your own metals, then our Home Delivery IRA may be the right choice for you.
With our Home Delivery IRA, your metals are shipped directly to you and stored by you in an IRS-approved facility, typically a safety deposit box at a bank of your choice.
This article may contain information from third-party sources that are not affiliated with American Coin Co., American Coin Co., is not responsible for the content, accuracy, or reliability of any information or statements contained in this article that originate from third-party sources. The information contained in this article is provided for informational purposes only and is not intended to constitute legal, financial, tax, investment or professional advice. Any views or opinions expressed in this article are those of the third-party source and do not necessarily reflect the views or opinions of American Coin Co. The inclusion of any links or references to third-party websites or products does not imply endorsement by American Coin Co.
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